By RBS International
Join hosts Bradley Davidson, ESG Lead at RBS International, and Tim Phillips along with industry guests in this series of 15 minute podcasts where we discuss the increasing opportunities across res
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The podcast currently has 19 episodes available.
In this episode we have invited Andrew Mitchell, Vice Chair of the task force on nature related financial disclosures (TNFD) and the founder and CEO of Equilibrium Futures to discuss the role of the TNFD, the scale of the challenge to regulate nature and measure impact, and the speed of change required. The TNFD was a collaborative project with the World Wildlife fund, United Nations Development Fund, and others to create a reporting and disclosure framework for nature.
It is imperative that everyone understands that nature is not an unlimited resource.
To make it more visible we need to measure something, in the same way we do for economic activity in relation to climate change. Metrics need to be agreed and targets set. 69% of global wildlife populations have been lost since 1970, indicating the urgency and need for change. Nature risk is really big, really fast and can affect all sectors.
In this episode we have invited our guest Mark Crathern , head of NatWest Trustee & Depositary Services, to pick three important aspects, from the very broad topic of governance, to discuss. He has chosen data imperfections, board diversity and disclosure.
Governance is important in creating a level of transparency by developing the reporting that identifies and quantifies what is happening from an "E" and an "S" perspective and the impact this is having on the world and the macroeconomic environment.
Data imperfections need to be managed to ensure governance requirements are fulfilled. Boards need to consider not just diversity in terms of gender and ethnicity but to embrace a much wider array of knowledge and experience from outside the industry, such as scientists and environmentalists, to challenge the assumptions that are being made. Finally disclosure is a critical area as although there is increased consistency in reporting standards and requirements, verifying that information and measuring impact and exposure is not always easy.
In this episode we have invited our guest David Postlethwaite, associate director, ESG at KPMG Crown dependencies to choose his top three ESG trends for 2024. He has picked greenwashing, the search for impact amongst investors and biodiversity and nature as key influences in the year ahead. Consumers and wider society are demanding more sustainable products and services and with that growth in demand comes the need to ensure that what's being sold to investors is genuinely credible. Cracking down on greenwashing is essential to maintain trust in the financial system. Impact investing was a niche strategy but the appetite for these investments is growing as the desire to invest and generate positive social and economic outcomes increases. Finally it feels as if biodiversity and nature have been on the radar for a while now but things are gaining momentum this year and there is more awareness of the need to integrate nature into the assessment of any ESG credentials.
In our latest episode we revisit the topic of science-based targets (SBTs), with our guest Paul Sutcliffe, founder and Chief Operating Officer, at sustainability consultancy Evora. In March 2023, RBS International investigated the impact of the changing economic climate on the adoption of SBTs by alternative funds and the research highlighted 3 key barriers to implementation: time to implement, pressure from regulators and measurement. We delve deeper into each of them, while looking at how these challenges can be optimised through understanding and effective planning.
In the first episode of the new series we're joined by guest Tonia Plakhotniuk, Vice President, Climate and ESG Capital Markets at Nat West, to discuss ESG regulation for private funds. We look at the most important pieces of regulation for the sector, the relative differences between the EU, US and UK for regulation and whether private funds can see ESG regulation as an opportunity. Finally we share practical advice on how to manage this regulatory landscape, as one thing we do know is that ESG regulation and reporting is here to stay.
In this episode we’re joined by Gary Kendall, Head of Climate Strategy Implementation at NatWest as our focus turns to the implementation of ESG strategies, a topic that is centre stage at COP27, and exemplifies the need to track action rather than targets.
We discuss why we can’t just set ESG targets internally and focus on achieving them to bring about the system level change that is needed and how independence, an open and transparent approach and bringing your stakeholders along with you, all play key roles in fully integrating ESG as a long term ambition at an organisation.
Join us as we chat about what lessons we've learned implementing our own ESG strategy, whose role is it to drive cultural change and the common areas that businesses fall short when it comes to implementation despite having strong ambitions.
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Listen to this episode now on Spotify, Apple, Google or Amazon Music as we discuss all this and more and don't forget to subscribe to our podcast so you don't miss the next episode! If you like our Just Transition podcast series please leave us a review.
About RBS International
We specialise in helping institutional clients look after their money and manage risk. This includes transactional banking, fund financing, liquidity and risk management, and depositary services (through separate legal entities). We’re based in Jersey, Guernsey, London, Luxembourg, Gibraltar and the Isle of Man so our clients get personal, tailored support from a local expert. And our multi-currency online banking platform, eQ, lets them move and manage money the same way they do their personal banking.
Our clients include alternative investment fund managers, asset managers, fund administrators and corporate service providers. With our culture of restless innovation, we work to make banking easy. We’re focused on delivering all the services our clients need, where and when they need them.
About NatWest Group
NatWest Group is a relationship bank for a digital world. We champion potential; breaking down barriers and building financial confidence so the 19 million people, families and businesses we serve in communities throughout the UK and Ireland can rebuild and thrive. If our customers succeed, so will we.
Alongside a wide range of banking services, NatWest offers businesses specialist sector knowledge in areas such as sustainable energy, commercial property and technology, as well as access to specialist entrepreneurial support.
In this episode we're joined by guest Jessica Lobo, Global Goals and Climate Programme Manager, at UN Global Compact Network UK to discuss how the UK is performing against the Sustainable Development Goals (SDGs).
In 2015 the UK Government joined every other country in the world and committed to the SDGs. 17 global goals which are designed to be a global blueprint for peace and prosperity for people and the planet. They cover topics from hunger to marine life and challenge nations and businesses to accelerate action before 2030.
The UN Global Compact Network UK recently published the Measuring Up 2.0 report analysing UK performance towards the goals.
The report looks at how the UK is performing on the SDGs by assessing the targets that sit under those goals and the ones that are relevant to the UK's domestic delivery of this agenda.
Is the UK on track to achieve these targets? What can investors and funds do to move this forward?
Listen now
Listen to this episode now on Spotify, Apple, Google or Amazon Music as we discuss all this and more and don't forget to subscribe to our podcast so you don't miss the next episode! If you like our Just Transition podcast series please leave us a review.
About RBS International
We specialise in helping institutional clients look after their money and manage risk. This includes transactional banking, fund financing, liquidity and risk management, and depositary services (through separate legal entities). We’re based in Jersey, Guernsey, London, Luxembourg, Gibraltar and the Isle of Man so our clients get personal, tailored support from a local expert. And our multi-currency online banking platform, eQ, lets them move and manage money the same way they do their personal banking.
Our clients include alternative investment fund managers, asset managers, fund administrators and corporate service providers. With our culture of restless innovation, we work to make banking easy. We’re focused on delivering all the services our clients need, where and when they need them.
About The UN Global Compact Network UK
The United Nations Global Compact is a global platform for business and non-business entities to proactively network and engage in areas of human rights, labour, environment, and anti-corruption.
Local Networks, such as the UK Network, are clusters of UN Global Compact Participants and Signatories who come together to advance the UN Global Compact and its principles within a particular geographic context. Our role is to help organisations engage in the UN Global Compact with respect to implementation of the Ten Principles, and create opportunities for multi-stakeholder engagement and collective action.
In this episode we are joined by Bill Gilbert, Head of Digital Innovation at NatWest Group.
We discuss the role of voluntary carbon offsets which allow market participants to offset unavoidable emissions, by purchasing carbon credits delivered through projects that remove or avoid greenhouse gases. Unlike compliance programmes, which are restricted to specific regions, the voluntary space is significantly more flexible and can support entities globally. This reach has meant that carbon offsets have developed into a $1 billion market with Mark Carney, the former Bank of England governor, estimating a rise to $50 billion by 2030.
But how do carbon markets work? What is Carbonplace? And can carbon offsetting be trusted?
Join us as we discuss all this and more and don't forget to subscribe to our podcast so you don't miss the next episode!
About RBS International
We specialise in helping institutional clients look after their money and manage risk. This includes transactional banking, fund financing, liquidity and risk management, and depositary services (through separate legal entities). We’re based in Jersey, Guernsey, London, Luxembourg, Gibraltar and the Isle of Man so our clients get personal, tailored support from a local expert. And our multi-currency online banking platform, eQ, lets them move and manage money the same way they do their personal banking.
Our clients include alternative investment fund managers, asset managers, fund administrators and corporate service providers. With our culture of restless innovation, we work to make banking easy. We’re focused on delivering all the services our clients need, where and when they need them.
About NatWest Group
NatWest Group is a relationship bank for a digital world. We champion potential; breaking down barriers and building financial confidence so the 19 million people, families and businesses we serve in communities throughout the UK and Ireland can rebuild and thrive. If our customers succeed, so will we.
Alongside a wide range of banking services, NatWest offers businesses specialist sector knowledge in areas such as sustainable energy, commercial property and technology, as well as access to specialist entrepreneurial support.
Catch up on this month's latest ESG news with this 5-minute download from Bradley Davidson, ESG Lead at RBS International.
As pressure mounts on fund managers globally to scrutinise their investment and lending activities, science-based targets (SBTs) are poised to become the leading framework to provide a pathway for companies to decarbonise their business.
In this episode, on the back of a research report by RBS International into the barriers and opportunities facing alternative investment funds when setting and incorporating SBTs, we discuss the findings from the report and how funds can accelerate the transition to net zero.
Hosted by Bradley Davidson, ESG Lead at RBS International, and Tim Philips, we're delighted to be joined by guest Henry Morgan, Sustainable Investment Lead at Foresight Group's Infrastructure and Real Assets Division.
Episode Notes
To read RBS International's report 'Can alternative investment funds accelerate the transition to net zero?' please download it at www.rbsinternational.com/sbti
The podcast currently has 19 episodes available.